Friday, December 16, 2005

 

happy escape

In late July, I made a bad decision to buy MENT (Mentor Graphics) at $9.5 when I had just started trading. That was the first day after MENT had released its terrible quarter earning report and the stock price tanked from $10+. Five minutes after my getting in, it was under water and it has been red ever since until today. The low was in October at $7.85. I escaped this morning at $9.76, which ended this 5 months long headache.
My plan is to get out of all my positions by the year end. I have been executing it perfectly so far.

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